Today we will analyze the stock YUGANG INT’L (0613.HK) for internet stock trading in the HK stock market,
Stock Technical indicators to notice in YUGANG INT’L (0613.HK)
1- Last bullish trend was from 0.04 $ (1/18/2012) to 0.05 $ (1/26/2012) a 0.01 $ move 2- The current bearish trend started from 0.05 $ at 1/26/2012 and is currently trading at 0.04 $.
3- 0613.HK current support level is at 0.04 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- 0613.HK current resistance level is at 0.04 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
YUGANG INT’L (0613.HK) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.040 $ and 0.050 $.

YUGANG INT’L (0613.HK) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.040 $ and 0.050 $.

YUGANG INT’L (0613.HK) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.040 $ and 0.050 $.


Stock Trading Conclusion:
YUGANG INT’L (0613.HK) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.042, 0.044, 0.045, 0.046, 0.048, 0.050,.
Stock Support levels : 0.037,.